Northern Trust Corp Grows Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Northern Trust Corp increased its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 15.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 706,792 shares of the business services provider's stock after purchasing an additional 93,092 shares during the quarter. Northern Trust Corp owned approximately 0.56% of Booz Allen Hamilton worth $90,964,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Bogart Wealth LLC raised its position in shares of Booz Allen Hamilton by 387.5% in the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock valued at $25,000 after buying an additional 155 shares during the last quarter. OFI Invest Asset Management acquired a new stake in Booz Allen Hamilton in the 4th quarter valued at about $25,000. EverSource Wealth Advisors LLC lifted its stake in Booz Allen Hamilton by 144.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock worth $29,000 after purchasing an additional 134 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $31,000. Finally, SRS Capital Advisors Inc. increased its holdings in shares of Booz Allen Hamilton by 3,314.3% in the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock valued at $31,000 after purchasing an additional 232 shares during the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. JPMorgan Chase & Co. dropped their target price on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating for the company in a report on Tuesday, April 15th. Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a research report on Monday, February 3rd. Truist Financial decreased their target price on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a report on Monday, April 14th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $109.00 price target (down previously from $150.00) on shares of Booz Allen Hamilton in a research report on Friday, April 11th. Finally, William Blair lowered Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $146.45.

Booz Allen Hamilton Trading Up 0.5 %

NYSE:BAH traded up $0.61 on Friday, reaching $124.24. 991,077 shares of the company's stock were exchanged, compared to its average volume of 1,543,886. The business has a fifty day moving average of $112.56 and a 200-day moving average of $130.24. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a 52-week low of $101.05 and a 52-week high of $190.59. The firm has a market capitalization of $15.73 billion, a price-to-earnings ratio of 18.52, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.